Accident to Persons & Property

Accident insurance, other then where cover is provided by an Asset insurance section (i.e Motor, Business All Risks, Goods In Transit, Electronic Equipment etc.), is provided for under three separate sections namely: Accidental Damage (to Assets), Accident to Persons (Group Personal Accident) and Accident to Glass.

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Accident to Persons (Group Personal Accident)

It is a known fact that human resources are integral to the success of any business and it follows that these resources should be protected and insured as far as possible.

Commercial short term insurance policies are able cover eventualities like death and permanent disability, including few other insured events, following accident to insured persons.

This can either be facilitated on salaried earnings (usually called Stated Benefits in the policy) or on a per person basis, for key individuals (usually called Group Personal Accident in the policy).

Accident to Glass

Fixed glass needs to be specially insured for accident.

In terms of setting the sum insured, it is simple case of contemplating the highest financial loss you would envisage following accidental damage to glass from an event.

Accident to Other Property

The assets you insure under Fire are essentially only covered for Fire and Storm. Accidental damage for these assets can be purchased, usually providing that the assets can be specifically insured for accidental damage under another section of the policy (other than Business All Risks), for example, Electronic Equipment, Machinery Breakdown, Glass, Motor etc.

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